February 9, 2012
Enter the Baby Dragons
Babies born in the Chinese year of the dragon are believed to have lives marked by success and fortune—so China, Taiwan, Hong Kong, and other countries are expecting a baby boom to begin right around Jan. 23. That's the first day of the Chinese New Year, and this year the 12-animal zodiac returns to the dragon. Twelve years ago, births in Hong Kong increased 5%; Chinese state news expects a similar figure for China this year, the BBC reports. It's a boon for baby-centered industries: Diaper sales are likely to jump 17%.
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I'm very glad for the diaper companies! 2012 is going to be a very profitable year for them!
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